Hong Kong — Tencent is planning an update to its ubiquitous WeChat messaging app to stave off up-and-comer ByteDance and counter the start-up’s growing dominance of short-form video.

WeChat, used by more than 1-billion people for everything from messaging to booking meals and movies, will soon add a feature to let users publish video clips and photos to their followers via a feed — not unlike Twitter’s. That’s a departure from the current format that focuses on articles (with accompanying visuals)...

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